iFabric (TSE:IFA) Shares Up 29.3% – Still a Buy?

Shares of iFabric Corp. (TSE:IFAGet Free Report) traded up 29.3% during trading on Monday . The company traded as high as C$2.96 and last traded at C$2.87. 98,798 shares changed hands during trading, an increase of 359% from the average session volume of 21,540 shares. The stock had previously closed at C$2.22.

iFabric Stock Performance

The firm’s 50 day moving average price is C$1.99 and its 200-day moving average price is C$1.53. The firm has a market cap of C$85.44 million, a price-to-earnings ratio of 54.23 and a beta of 0.01. The company has a debt-to-equity ratio of 30.07, a current ratio of 2.80 and a quick ratio of 1.48.

iFabric Company Profile

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iFabric Corp is engaged in the business of women’s intimate apparel. It has three business segments. The Intimate apparel segment is involved in the design and distribution of women’s intimate apparel, and accessories. Its Intelligent fabric segment develops and distributes innovative products and treatments that are suitable for application to textiles, plastics, liquids, and hard surfaces as well as finished performance apparel. The other segment engages in the leasing of property to group companies, related parties, and third parties.

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